Technical
Financial
Distress signals
Property profile

29817 R Ave Adel, IA 50003

OFF-MARKET
Office buildings
Property ID
US25-0774731
159,594 SF 38.62 ac lot Built 2018
Entity Owned Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2018
Total area 159,594 SF
Lot 38.62 ac (1,682,287 SF)
APN 1135400007
UPID US25-0774731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Utility Company
  • Electric Utility Company

Location

29817 R Ave Adel, IA 50003-8778
Adel metro Census 50902 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$27.53M
Blend (final) Blend
$22.91M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $25.0M +9.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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